Garcia Company owns equipment that cost $77,200, with accumulated depreciation of $41,000. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $47,300 cash, (2) $36,200 cash, and (3) $31,100 cash. Journal entry worksheet Record the sale of equipment assuming Garcia sells the equipment for $47,300 cash. Note: Enter debits before credits. Journal entry worksheet Record the sale of equipment assuming Garcia sells the equipment for $36,200 cash. Note: Enter debits before credits. Journal entry worksheet Record the sale of equipment assuming Garcia sells the equipment for $31,100 cash. Note: Enter debits before credits